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Twilio shares surge over 10% on strong earnings and raised forecast

  • Shares in Twilio Inc. surged over 10% after reporting better-than-expected earnings and revenue.
  • Adjusted earnings per share for Q3 2024 were $1.02, up from 58 cents in the same quarter last year.
  • Twilio reported over 320,000 active customer accounts and a 105% dollar-based net retention rate.
  • For Q4, Twilio expects adjusted earnings per share of 95 cents to $1 and revenue of $1.15 billion to $1.16 billion.

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